Doubting the resource and production targets with an offer on the table (which at the date of announcement was worth over $1 a share) ??? c'mon - TMR have saved IBR from any further need for dilution and capital raising, and if the merger goes through, there is very little doubt that 150,000oz p/a is fully achievable. If it is a pipedream, then a lot of TMR directors and investors with 1st hand eyewitness of IBR's operations have also fallen for it?? i doubt that very much.
IBR
iberian resources limited
